Memorial Day weekend is right around the corner, which for some means traveling and getting together with friends and family.
This year with supply shortages and higher prices, you may be paying more for gas and food to celebrate weekend.
“In Michigan, we’re expecting about 1.1 million Michiganders are going to travel this Memorial Day weekend,” said AAA Auto Club Spokesperson Adrienne Woodland. “That’s an increase of about 7.9% compared to last year.”
Woodland said of those 1.1 million traveling, 1 million will be hitting the road.
“We’re coming out of this two year pandemic, and there’s a lot of pent up demand for travel,” she said.
Gas prices nationally and in the state hit an all time high overall and for this weekend.
“Our national average is currently $4.66 a gallon for regular unleaded,” said Woodland. “In Michigan, we’re slightly below that at $4.56 a gallon for regular unleaded. The previous record was $4.11 a gallon set back in 2008. We’re well above that record now.”
Businesses are also expecting heavy traffic in stores this weekend.
“At our store especially, with the big holiday, people love coming to get the best,” said Mark Wilson, owner of Maxbaur’s Meat Market. “For us at our second location on South Airport here at the Butcher’s Block, we’re doing more volume and our sales are up.”
Wilson said the supply and demand for meat, especially this weekend, is high.
“It’s always supply and demand, but like with beef, beef is up dollar more than last year,” he said. “Some of my steaks, like Delmonico steaks, are up about $4-5 a pound compared to last year.”
He said they’re waiting for the end of Memorial Day for chicken prices to rise.
“They’re not going to be going down, and as well get new on inventory in every week,” Wilson said. “It’s a commodity, you have to make sure you adjust your price.”
Wilson said it depends on your budget and how much you want to spend this weekend.
“If you’re a family of four and you have another family of four coming over, briskets really aren’t any different price than they were last year, a 70 lb brisket is going to cost you $70,” he said. “If you get bratwurst, depends on how much you eat, a four pack of bratwurst is like $8. If you get a couple of steaks, it could run $50-$75 , but it depends on how much you’re going to eat.”
Wilson said there have been some customers sparing no expense this holiday weekend.
“I have people ordering beef tenderloins and 20 lbs of baby back ribs, that’s going to run them a couple hundred bucks bucks,” he said. “They’re not sparing anything to get together with family and friends.”